Investors warn governments over ‘unmoored’ levels of public debt
Mary McDougall
London | Investors are warning governments around the world over “unmoored” levels of public debt, saying excessive pre-election borrowing promises risk sparking a bond market backlash.
Government debt issuance in the US and the UK is expected to soar to the highest level on record this year, with the exception of the early stages of the COVID-19 pandemic.
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Financial Times
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